LKV Realty
Logo
$250,000
$1,400Reward *
115 Allen Avenue, Franklinton, NC 27525Listing ID 10186529

115 Allen Avenue, Franklinton, NC 27525

Active
Time on site: 3 daysLast updated: 2 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,400
Acres
Acres
0.52
Days on Site
Days on Site
3
Cooling
Cooling
Central Air, Electric
Heating
Heating
None
Year Built
Year Built
1978
Parking
Parking
Detached

INVESTOR OPPORTUNITY IN GROWING FRANKLINTON! Welcome to 115 Allen Ave, a 3-bedroom, 1.5-bath brick ranch with excellent potential in a transitioning area of Franklinton. This property has been utilized as a rental for the past seven years and offers an exciting opportunity for an investor looking to add value in an area experiencing new construction and growth. The property sits on two parcels, creating a larger-than-typical lot with the potential for future subdivision, offering the possibility to build two homes as the area continues to develop. With rents in the area reaching as high as $1,750, this property could also make an attractive addition to an investor's rental portfolio. The home is currently occupied and is being sold AS IS. Photos reflect the property prior to the current tenant moving in. The tenant is expected to vacate by the end of August, which will allow for easier access and showings. Until then, all showings are by appointment only. Please do not disturb the current tenant. The home is currently equipped with a ramp and grab bars to accommodate mobility needs, adding flexibility for a variety of future uses. Whether you're looking for your next rental, a value-add opportunity, or land with potential for future redevelopment, 115 Allen Ave is worth a look. With new construction taking shape nearby and Franklinton continuing to grow, now may be the time to get in while prices are still low.

Property Information

Property Details

Location

Address
115 Allen Avenue
County
Franklin
City
Franklinton
Zip Code
27525
High School
Franklin - Franklinton High
Elementary School
Franklin - Franklinton Elementary
Vance JoseyThe Acorn Agency, LLC, (919) 867-4787

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
1,400
Year Built
1978
Construction
Brick Veneer
Foundation
Crawlspace
Roof
Shingle

Financial

Special Conditions
Seller Licensed Real Estate Professional

Property Taxes

Tax Annual Amount
$3,016
Tax Year
2026

Market Report for 27525

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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